BTC Market Trends

BTC Market Trends

If you want to invest in the new era of digital currencies, then you must know all about Bitcoin. And to help you make the right investment choice, Freebitcoin brings to you a website that will help you know the basics of Bitcoin and keep track of the constantly changing bitcoin priceand price trend.

Leading the Crypto Market

Created by Satoshi Nakamoto, bitcoin or BTC is a peer-to-peer electronic cash system. It is a decentralized digital currency without a central administrator, bank or controlling authority. It can be sent or received on an international peer-to-peer network without the need for middlemen or intermediaries. Bitcoin is run on a decentralized and open network of computers that span the entire world. And unlike electronic fiat currencies, the maximum production of Bitcoin is capped to 21 million bitcoins, making BTC a limited supply cryptocurrency. The smallest unit of a BTC is Satoshi, and its value is 1/100000000th of a bitcoin, which allows easy micro-transactions.

The worth of a Bitcoin

The bitcoin price trend has experienced a volatile up-and-down movement from 2009 to 2017. While the bitcoin value rose to a massive $20,000 at the end of 2017 before 2018 saw it plummet to lower than $4,000. In the present time, experts predict that the price of bitcoin could touch as high as $50,000. But no matter what price trend the Bitcoin follows, you can make sure that you stay updated by using Freebitcoin’s bitcoin price chart facility that lets you check the Bitcoin price and price trends in your own currency.

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